2909 Gainesborough DrDallasTX75287
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Investment property for sale in Dallas at 2909 Gainesborough Dr, Dallas, TX, 75287 uses $187,530 cash to close to unlock $10,698/yr annual cash flow and $892/mo monthly cash flow. Total monthly income runs $4,945/mo, and a $2,790/mo payment keeps the spread at $892/mo. Purchase price stands at $570,000, and rental yield measures 10.41% with $4,945/mo rent. Return on cash invested shows 25.76% in year one, and 5% annual appreciation builds toward $157,480 over five years. Five-year ROI reaches 135.44% and total cumulative return in cash records $253,993. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,945/mo property income covering a $2,790/mo payment rather than investor’s personal income.
Single Family
Built in 1984
0.26 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75287, Dallas, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 30,067 (100%) |
| Owner Occupied HU | 5,785 (19.2%) |
| Renter Occupied HU | 22,200 (73.8%) |
| Vacant Housing Units | 2,082 ( 6.9%) |
| Median Home Value | $488,669 |
| Average Home Value | $571,993 |
Housing Distribution
Address Breakdown
Residential
28,960
Single Family
6,042
Multi-Family
22,918
Businesses
641
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices